The co-founder of my startup company is quitting. What documents do I need to prepare?

1 answers 23 JUL 2019

QA Answers

Gladys Kong

If the co-founder of your startup company is quitting, you need to prepare a separation agreement that clearly addresses issues around IP ownership, company stock, non-compete, no-poaching of current clients and employees, etc. It’s better to be clear about the terms of separation so that both the departing co-founder and the company fully understand their obligations.